Carlos Memphis

If you’re over 40 go out back and try to skip….that shit is like trying to ice skate for the 1st time. There is no muscle memory for this elementary school PE nonsense.

Neighborhoods*

San Diego is one of those highly desirable markets that I wouldn’t expect to see a huge correction in, especially the beach towns like PB, OB, MB ect

I used to live in Point Loma. IMO San Diego’s housing problems stem from way too many short term vacation rentals and NIMBYs n places like Bay Park fighting tooth and nail to keep up-zoning from happening. A tertiary factor is the California Coastal Commission refusal to allow tall coastal buildings

We’ve never seen a demo shift like this before so who knows….maybe foreign investors come in and swoop up the excess inventory. Maybe the interest rates drops to 3% again and the gravy train keeps on rolling. 🤷‍♂️

REITs will be affected as well. Lower real estate value means less renters and lower rents. My guess is we’re looking at a 20-30% correction most markets and 10% in the most desirable areas. So if you’ve got your $ in a REIT I would say you may be looking at a 15-20% haircut in the next few years?

If y’all don’t think this ends with them trying to force black people back into these jobs you should go read the “1st they came for the immigrants….” parable again.

Just wait until people realize it’s not just their primary residences in the burbs but their 3 rentals in the city and their vacation home/condo at the beach or in the mountains all hitting. Boomers currently own $20T in real estate. 5-10 years from now the market is going to be absolute chaos.

So it’s working exactly how it was meant to….benefit the top’ish 30% and screw the bottom 70%.

There are 500k more sellers than buyers and that’s before the boomers really start dying off. This isn’t just a correction that can be fixed with a 5% mortgage. We are in the beginning of a demographic shift where there are many more people dying and exiting than entering into the housing market.

Even the racist are like nah…we’re fine with this “black” holiday.

If Trump would stop doing things that are inflationary like…
1. Removing manpower from our domestically produced products.
2. Adding a tax to our imported products.
3. Encouraging wars in a region the world gets energy from.
….I would think Powell would have more reason to lower rates.

So we saw pictures and videos of the tanks and artillery being moved into DC by train. Has anyone seen any evidence that they have started leaving yet?

BOYLE: “When you worked for Soros you railed against deficits/debt, what happened?”

BESSENT: “It’s… smart spending.”

BOYLE: “Tax cuts for billionaires while throwing 16 million people off their health care?”

BESSENT: *tries to lie about numbers* *gets dunked on repeatedly*

Unfortunately this is looking more like 65/35 atm and the situation is deteriorating.

It’s also very bad luck to rename a boat.

Am I the only one that’s worried that after the parade he might just keep the tanks and artillery in place to completely militarize D.C.? I say at least a 50/50 chance.

So he’s blaming it on Biden then?

Holy f*ck balls! The other site is an absolute meltdown over the Elon vs. Trump war and for the most part Elon seems to be winning. I’ve got no horse in that race but neither is coming out unscathed.

There’s currently 500,000 more sellers than buyers in the United States and boomers, who are dying at 2k/day, own $20T worth of real estate. Are we really sure that in 5 years we aren’t going to be drowning in inventory?

The 2028 democratic presidential primary is gonna be insane.

Harrison Ruffin Tyler, grandson of 10th US president, dies at 96 Harrison Ruffin Tyler, the last living grandson of U.S. President John Tyler born 83 years after his grandfather left the White House in 1845, died.

Harrison Ruffin Tyler, grandson of 10th US president, dies at 96

Wow. Avelo airlines has covered up their logo to hide the fact that they're helping with mass deportation. Avelo's customer service number is (346) 616-9500. Feel free to give them a call and tell them how you feel about them.

Or dogs….Only the deranged don’t like dogs.

Have they always been able to trade stock and cash in on their positions?

Take away their ability to trade stock and they’ll all retire.

Grifted*

The sad truth is Connolly should have been home with his family years ago instead of dying in office. Another life long Dem politician who stayed in the game way too long has now opened the door to a Republican governor filling his seat and giving Republicans a better chance at passing legislation.

What happened to the little + on the profile pic in the feed for people you don’t follow? I thought that was a great feature.
@bsky.app

I hope legacy media covers the connection between last night's memecoin dinner and this morning's social media tariff threats. He's manipulating the stock market.